Auto Warranty Companies Fight For Your Business
extended car warranty - The realm of auto warranty companies is actually a fiercely competitive one. You will find a limited number of cars on the streets - granted, there are many them, and every one of them, at some time or still, has or had a warranty - though with the large number of companies fighting for that business of those drivers, it indicates that every car owner is definitely the target of some very hungry sales reps.
This is definitely a daunting position to remain for a car owner. Whether you are investing in a new car from the dealership, or purchasing a second hand car, you will see people selling you their warranty services.
In the dealership, you might come across a pushy sales representative that will try everything they can to obtain to sign on to have an extended warranty once you make your initial purchase. You can find good things about buying during those times, including having the costs from the warranty rolled up to the financing for the car, and knowing that your dealership will continue to be the area to possess any repairs or replacements done. But these comforts might end up costing you hundreds or 1000s of dollars in the long run. Sales people make large commissions on warranties, so they're eager to get you to enroll in one. If you sought out your own quotes from third-party extended warranty providers, but the price that is rolled into the financing will likely be a lot higher than it would. Granted, you will need to pay more up-front with those third-party companies, instead of adding a tiny number in your monthly car payment bills. However it could very well save you money.
But simply as not all car sales representative has gone out to rip you off, not every third-party providers are good guys, either. There are some risky ventures out there, so a wise shopper will compare not only the prices offered by these vendors, but the terms and conditions of the warranties they offer. If a company won't let you review the warranty before you buy, don't waste your time or money - it's likely a scam, or just a really bad set of terms that will tie you to some big costs further down the road. Auto warranty companies will fight to gain you as being a client, so use that to your advantage. Make a price comparison, look at all of the regards to the warranties offered, and tell the firms you speak with “hey, make me the most effective offer.” If they can't, someone else will.